"You are being overly optimistic. All that matters is free cash flow and with this downgrade there is none. It's negative and as such BBP is insolvent.I fear the banks will do another BNB and stiff the BBP equity holders. I really hope I am wrong."
melua could you please provide factual data to validate the above. Seeing how many here take what you say at face value it seems only fair at this point in time that you could validate it with current financial data from the company.
Thanks in advance.
Cheers, Brantley
BBP Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held